Following the implementation of the T+1 framework, dividends are distributed to shareholders listed in the company’s database on the record date. Normally, the record date and ex-date align unless a market holiday follows the ex-date. Under this framework, shareholders who purchase the stock at least one day before the ex-date qualify for dividends, with settlement occurring the next day.
Rupee ends stronger for third day in a row, closes at 86.80 vs US dollar
The rupee strengthened by 20 paise against the dollar, closing at 86.80, driven by inflows. However, experts warn that sustained inflows are needed to maintain